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Pi Coin’s price continues to slide as questions arise over the real number of active nodes on Pi Network, with concerns of speculative risks echoing past token collapses.
Long-Termism of Next-Gen Mining Hardware Brands
Despite growing chatter around a $5K target, Ethereum’s on-chain signals, from dev activity to Smart Money volume; suggest the price may not be ready just yet.
Hong Kong will introduce its new Stablecoin Ordinance in August, limiting full licenses for fiat-referenced stablecoin issuers to fewer than 10. Over 40 companies, including major Chinese financial groups and tech giants, are competing for these exclusive positions. The upcoming regulations follow the recent passage of key legislation. This change gives the Hong Kong Monetary … <a href="https://beincrypto.com/hong-kong-stablecoin-license-limit/">Continued</a>
- 16:42UNI breaks through 11 dollarsAccording to Jinse Finance, market data shows that UNI has surpassed $11 and is now trading at $11.01, up 1.47% in the past 24 hours. The market is experiencing significant volatility, so please manage your risks accordingly.
- 16:37U.S. House Representative Accuses Federal Reserve Chair Powell of Committing Perjury TwiceAccording to ChainCatcher, Fox News reported that U.S. House Representative Anna Paulina Luna has filed criminal charges with the Department of Justice, alleging that Federal Reserve Chairman Jerome Powell committed perjury on two occasions. In her letter, Luna wrote: "On June 25, 2025, Powell testified under oath before the U.S. Senate Committee on Banking, Housing, and Urban Affairs regarding the renovation of the Federal Reserve's Eccles Building. In his statement, he made several significant false claims." Luna also stated: "Additionally, in a letter to Russell Vought, Director of the U.S. Office of Management and Budget (OMB), Powell claimed that the increase in the project's cost from $1.9 billion to $2.5 billion was insignificant. However, documents reviewed by congressional investigators indicate that the scope and cost overruns of this project are neither minor nor trivial in nature or substance." Perjury is punishable by a fine and up to five years in prison.
- 16:12Data: $419 million in liquidations across the network in the past 24 hours, with $201 million in long positions and $217 million in short positions liquidatedAccording to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $419 million in the past 24 hours, with $201 million in long positions and $217 million in short positions being liquidated. Among these, Bitcoin long liquidations totaled $32.34 million, while Bitcoin short liquidations amounted to $27.88 million. Ethereum long liquidations reached $61.34 million, and Ethereum short liquidations were $60.88 million. In addition, over the past 24 hours, a total of 137,501 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $3.1094 million.